The company also reported its second consecutive quarter of strong, pre-tax income of $213 million, six times as much as the previous year (+$178 million) as all businesses reported profit improvements.

In the second fiscal quarter, Lenovo’s profit attributable to equity holders grew to $168 million, up $91 million sequentially, and $29 million year-over-year. Basic earnings per share in the second fiscal quarter was 1.41 US cents or 11.06 HK cents. Lenovo’s Board of Directors declared an interim dividend of 6.0 HK cents per share. ■